Mongolia Growth Group (CVE:YAK) Reaches New 52-Week Low – What’s Next?

Mongolia Growth Group Ltd. (CVE:YAKGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$1.26 and last traded at C$1.26, with a volume of 11600 shares trading hands. The stock had previously closed at C$1.28.

Mongolia Growth Group Stock Performance

The business has a 50 day moving average of C$1.38 and a 200 day moving average of C$1.44. The company has a market capitalization of C$32.77 million, a P/E ratio of 5.25 and a beta of 0.62. The company has a quick ratio of 0.24, a current ratio of 3.10 and a debt-to-equity ratio of 0.04.

About Mongolia Growth Group

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Mongolia Growth Group Ltd., together with its subsidiaries, provides property management, leasing, renovation, and development services in Mongolia. The company operates through three segments: Investment Property Operations, Corporate, and Subscription Products. Its investment portfolio consists of office, retail, land and redevelopment, and commercial and residential properties.

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